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Denmark retail sales up in February 2014

RBR Staff Writer Published 21 March 2014

Denmark's retail sales increased in February 2014, after witnessing a drop in the previous two months.

Retail sales, seasonally adjusted, rose 0.6% month-on-month, following declines of 0.4% and 0.3%, in December and January.

It was the biggest increase since a gain of 1% in November, reports RTT citing the latest date released from Statistics Denmark.

During February, sales of clothing and related goods increased 3.5% and those of other consumer goods increased 0.9%. In contrast, food and grocery sales decreased 0.4%.

Year-on-year, on a price-adjusted basis, retail sales grew 0.7% in February, after remaining flat in January, the first increase in three months.